Judge blocks illegal long-term care insurance rate increases imposed on North Dakota consumers

BISMARCK, N.D. – A North Dakota district court judge has approved a motion for summary judgment by Insurance Commissioner Jon Godfread to block an illegal rate increase on consumers of a financially troubled long-term care insurance company operated by the state of Pennsylvania. In 2021, the Senior Health Insurance Company of Pennsylvania, a long-term care

Read & Share  

North Dakota Insurance Department assisted over 1,500 consumers in 2024, recovering over $2 million

BISMARCK, N.D. – Insurance Commissioner Jon Godfread announced today that the North Dakota Insurance Department helped over 1,500 consumers in 2024, assisting with insurance-related complaints and inquiries, ultimately recovering over $2 million for policyholders across the state. As a consumer protection agency, the Department works with individuals facing issues with health, life, auto, homeowners, and

Read & Share   sourced from: State of ND

The state of insurance in North Dakota

In recent years, you may have noticed headlines related to the insurance industry, and, more importantly, you may have experienced its effects firsthand. This could include higher premiums that strain your household budget, reduced availability of certain coverage options, or delays in claim processing after a loss. We’ve witnessed how natural disasters, such as the

Read & Share  

Port: Local government insurance fund has been gouging North Dakotans

Imagine discovering that the system meant to protect you in times of crisis is rigged against you. For some North Dakotans, that’s the reality with the North Dakota Insurance Reserve Fund (NDIRF). An audit revealed alarming practices: sloppy claim handling, biased policies favoring government entities, and a staggering 71.5% of third-party claims denied without payment.

Read & Share   sourced from: InForum

2024 Auto Insurance Comparison

BISMARCK, N.D. – The North Dakota Insurance Department today released the results of its annual cost comparison survey of auto insurance companies in North Dakota, which illustrates the various factors and rates drivers pay for coverage. Participating insurance companies were asked to provide quotes based on 12 scenarios with varying factors, including age, family size,

Read & Share  

Subscribe to Today in Minot!

It's the free, easy way to stay informed about what's happening in Minot, and it helps support independent local news and journalism.

Anthem Data Security Breach: What You Need to Know

North Dakota Insurance Commissioner Adam Hamm issued the below news release Q & A on the Anthem data breach. The general message is this: stay calm and pay attention. The full news release follows below. — Official News Release, ND Insurance Commissioner — Anthem Blue Cross Blue Shield reported that it has been a victim

Read & Share  

Blue Cross Blue Shield of ND Fined by State

— Official News Release — North Dakota Insurance Commissioner Adam Hamm today announced the issuance of a consent order with Noridian Mutual Insurance Co. which sells health insurance in North Dakota as Blue Cross Blue Shield of North Dakota (BCBSND). The order was issued after the completion of a market conduct examination into several claims

Read & Share